Safestyle’s share price shatters in latest blow
Yesterday’s warning from Safestyle that sales for the final quarter of 2017 will be below “already reduced” expectations sent the company’s shares plummeting more than 14%.
The Bradford company, which also said it expects trading conditions next year to remain “very challenging”, saw its shares
drop 14.3%, or 27.25p, to 164p.
In September, the company signalled a continuing deterioration in the market resulting from declining customer confidence, prompting a cautious outlook.
Yesterday, it said that demand has we... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
